FTSE 100 Live: Index Edges Higher as Oil Majors Weigh, IWG Slumps, Applied Nutrition Jumps

FTSE 100 Rises to 9,164 as IWG Plunges 16%, Applied Nutrition Up 8%
FTSE 100 Live: Index Edges Higher as Oil Majors Weigh, IWG Slumps, Applied Nutrition Jumps
Written By:
Bhavesh Maurya
Reviewed By:
Shovan Roy
Published on

The FTSE 100 Live index reflects real-time movements of the top UK companies. FTSE 100 opened slightly higher on Tuesday, August 19, with modest gains offset by weakness among heavyweight oil companies. The index rose 6.41 points to 9,164.15, while the FTSE 250 climbed 21.85 points to 21,771.42.

IWG Shares Slide on Profit Guidance

Daily shifts in FTSE 100 Live Today help traders plan short-term strategies. Shares in IWG, the hybrid workspace provider behind Regus and Spaces, slumped 16% to £191.7 after it warned that annual earnings would be at the lower end of guidance.

The company reported 2% revenue growth to a record $2.2 billion (£1.6 billion) for the first half of 2025, supported by the opening of nearly 500 centres worldwide. Operating profit was unchanged at $68 million (£50.3 million).

FTSE 100 Price plays a crucial role in shaping global investment decisions. Management cited higher investment in its managed and franchise units as the reason for trimming forecasts, sparking a sharp investor sell-off.

Oil Majors Under Pressure

BP and Shell dragged on the FTSE 100 after Brent crude slipped just above $66 a barrel. BP fell £1.3 to £418.15, while Shell dropped £9.5 to £2,623.5. Other large caps, including BAE Systems, GSK, and Berkeley Group, also weakened by about 0.5%.

Retailers and Banks Provide Support

FTSE 100 continues to be a benchmark for evaluating the UK stock market. On the upside, JD Sports Fashion rose £2.1 to £89.9 after Deutsche Numis lifted its price target to £100. Barclays gained £2.35 to £373.55, while Anglo American advanced £19 to £2,150.

Applied Nutrition Surges on Strong Sales

Sports supplement brand Applied Nutrition has been gaining traction among fitness enthusiasts. Among mid-cap names, Applied Nutrition impressed investors with stronger-than-expected annual sales. Revenues for the year to July 31 rose 24% to £107 million, beating guidance of £100 million.

The Liverpool-based sports nutrition group, which listed last September, also struck a confident tone for the new financial year. Its shares jumped 8% (£9.9) to £141.1, pushing them back above the £140 IPO offer price. The company sells its products in more than 85 countries, underscoring its rapid international expansion.

Also Read: US Stock Market Today: US Equities Stable Amid Ukraine Meeting and Key Federal Reserve Speech

BHP Cuts Dividend Amid Lower Profits

Mining giant BHP reported a 26% drop in annual underlying profit to $10.16 billion as weaker iron ore and coal prices hit revenues, which fell 8% to $51.3 billion. The group cut its final dividend by 18% to 60 US cents per share.

Despite the earnings decline, BHP stressed confidence in long-term demand for steelmaking materials, copper, and fertilisers.

Outlook

With the FTSE 100 posting modest gains, traders remain cautious ahead of tomorrow’s UK inflation figures, expected to show CPI climbing to 3.7%. For now, strength in retail, banking, and mid-cap movers like Applied Nutrition is balancing out oil-sector weakness and IWG’s sharp slide.

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